An oil and gas industrial base in Zhoushan, Zhejiang province. [Photo/Tide News]

The economy of Zhoushan, East China's Zhejiang province, recorded a GDP of 169.63 billion yuan ($23.89 billion) — up 6.8 percent year-on-year, the fastest growth rate in the province and 1.1 percentage points above the provincial average.

The city saw across-the-board expansion, with primary, secondary, and tertiary industries growing 4.1 percent, 6.7 percent, and 7.3 percent, respectively.

The service sector also played a major role, expanding 7.3 percent — the highest rate in the province for three consecutive quarters and contributing 3.2 percentage points to overall GDP growth. Transport, logistics, finance, hospitality, and equipment repair led the surge, accounting for over 70 percent of the sector's total growth.

Zhoushan Port handled 838.74 million metric tons of cargo, up 2.8 percent, while container throughput jumped 34.6 percent to 3.37 million twenty-foot equivalent units. Investment, consumption, and exports all showed steady progress.

Fixed-asset investment grew 3.9 percent, with construction, manufacturing, and private investment increasing 11.1 percent, 28.9 percent, and 14.9 percent, respectively — all ranking first in the province.

Retail sales of consumer goods reached 44.25 billion yuan, up 4.7 percent, boosted by new consumption trends such as music festivals and sports events.

Residents' well-being improved along with economic growth. Per capita disposable income reached 57,379 yuan, up 4.5 percent, with rural income rising 4.9 percent.